Flotek Industries Inc

NYSE FTK

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Flotek Industries Inc Market Capitalization on June 03, 2024: USD 126.34 M

Flotek Industries Inc Market Capitalization is USD 126.34 M on June 03, 2024, a 18.98% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Flotek Industries Inc 52-week high Market Capitalization is USD 163.74 M on August 24, 2023, which is 29.60% above the current Market Capitalization.
  • Flotek Industries Inc 52-week low Market Capitalization is USD 81.57 M on March 11, 2024, which is -35.43% below the current Market Capitalization.
  • Flotek Industries Inc average Market Capitalization for the last 52 weeks is USD 116.42 M.
NYSE: FTK

Flotek Industries Inc

CEO Mr. John Willis Gibson Jr., B.Sc., BSc Geology, M.Sc., MSc Geology
IPO Date July 27, 2005
Location United States
Headquarters 8846 North Sam Houston Pkwy West, Houston, TX, United States, 77064
Employees 143
Sector Energy
Industry Oil & gas equipment & services
Description

Flotek Industries, Inc. operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers, as well as green specialty chemistries, and logistics and technology services. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. Flotek Industries, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

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StockViz Staff

September 16, 2024

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